Hub Group Inc. (NASDAQ: HUBG) announced leadership changes with Todd Heeter appointed as interim Chief Financial Officer and Treasurer, effective immediately. The transportation and logistics company said Kevin Beth departed from his position as Executive Vice President, Chief Financial Officer and Treasurer, while Brian Meents left his role as Executive Vice President and Chief Operating Officer.

Heeter brings over 30 years of finance and accounting experience and founded The Heeter Group, which provides CFO, Chief Accounting Officer and strategic advisory services to public and private companies. His appointment is for an initial six-month term and may be extended. The company has initiated a search for a permanent CFO with assistance from a national search firm.

The leadership changes occur as Hub Group works to complete restatement of previously issued financial statements for 2024 and 2023, along with quarterly periods ended March 31, June 30 and September 30, 2025. The company expects to file its Form 10-K for the year ended December 31, 2025, and its Form 10-Q for the quarter ended March 31, 2026, on or prior to September 14, 2026.

"The Hub Group Board of Directors views the integrity of the Company's financial statements as a key pillar of our ongoing success," said Peter McNitt, Lead Director, and Gary Yablon, Chair of the Audit Committee, according to the company's statement. They noted the changes are part of corrective actions including enhancing financial reporting processes.

Both departing executives will be available to the company on a consulting basis during a transition period. Chief Operating Officer responsibilities will be absorbed by other senior leaders.